"A February rate cut looks unlikely at this stage - the labour market is holding up and the RBA may want to monitor the recent uptick in investor loan growth because of the risk to financial stability".
Beacher attaches the likelihood of such an outcome at around a 60%, with her forecast for core inflation, also referred to as underlying inflation, above the median economist forecast for a quarterly increase of 0.5% leaving the year-on-year rate at 1.5%.
The December inflation quarter data will be released on Wednesday by the Australian Bureau of Statistics.
Rising costs for tobacco (7.4 per cent), automotive fuel (6.7), vegetables (2.5) and restaurant meals (1.1) were some of the biggest contributors to rising prices, but weren't enough to push the result closer to the Reserve Bank's target. These rises are partially offset by falls in furnishings, household equipment and services (-0.8 per cent) and communication (-0.8 per cent).
Dragging the index down was a 2.6 per cent fall in the prices of worldwide holiday travel and accommodation in the quarter, a 5.1 per cent fall in the price of clothing accessories and a 3.2 per cent fall in the price of non-alcoholic beverages.
A global conversation about mental health #BellLetsTalk
Kocis organized the performance to help end the stigma around mental health. "It's just incredible the difference you can see". Every time you talk, text and join in on social media on January 25, Bell will donate 5¢ more to mental health initiatives.
Existing home sales close 2016 as best year in a decade
In spite of the decline at the end of year, 2016 has been the best sales year since 2006, noted TD Economics in a research report. The recent drop in home sales comes after a three month increase, so experts aren't too concerned about the latest numbers.
LinkedIn Undergoes A Major Website Design Overhaul
Looking at a job listing, for example, can trigger a recommendation to contact a specific connection who works at that company. In November previous year , Facebook introduced features similar to the key features of LinkedIn like Job Listing.
France's Safran launches US$9b offer for Zodiac Aerospace
The pending merger will now be subject to approval from regulatory agencies, and is expected to be finalized by early 2018. The companies said a subsequent merger between Safran and Zodiac would boost earnings per share from year one.
Italy avalanche: first 10 survivors found
With 15 GDF rescuers and firefighters digging, the survivors could hear their efforts and knew help was on its way, Bini said. The 300-metre wide snow slide uprooted trees and wiped out parts of the four-storey hotel, trapping dozens of people.
OPEC expects growth in global oil demand
Last month, the Paris-based agency said it expected USA tight oil - as shale is also known - to rise only "marginally" in 2017. After a recovery late past year , the oil market seems to have settled with a price around $55 a barrel... at least for now.